Latest Lorne Steinberg Wealth Management Inc. Stock Portfolio

Lorne Steinberg Wealth Management Inc. Performance:

2025 Q3: 3.41%YTD: 7.54%2024: 7.1%

Performance for 2025 Q3 is 3.41%, and YTD is 7.54%, and 2024 is 7.1%.

About Lorne Steinberg Wealth Management Inc. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Lorne Steinberg Wealth Management Inc. reported an equity portfolio of $415 Millions as of 30 Sep, 2025.

The top stock holdings of Lorne Steinberg Wealth Management Inc. are , GOOG, . The fund has invested 4.5% of it's portfolio in ROYAL BANK OF CANADA and 3.6% of portfolio in ALPHABET INC. CLASS A.

The fund managers got completely rid off TELUS CORP., WARNER BROS. DISCOVERY INC. CLASS A (WBD) and SCOTTS MIRACLE-GRO CO. (SMG) stocks. They significantly reduced their stock positions in ISHARES MSCI WORLD ETF (ACWV), ORACLE CORP (ORCL) and NVIDIA (NVDA). Lorne Steinberg Wealth Management Inc. opened new stock positions in TELUS CORP, LINDE PLC (LIN) and ISHARES MSCI CANADA ETF (ACWV). The fund showed a lot of confidence in some stocks as they added substantially to MCDONALDS CORP (MCD), ELI LILLY & CO (LLY) and AUTOMATIC DATA PROCESSING INC. (ADP).

Lorne Steinberg Wealth Management Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Lorne Steinberg Wealth Management Inc. made a return of 3.41% in the last quarter. In trailing 12 months, it's portfolio return was 7.62%.

New Buys

Ticker	$ Bought
telus corp	5,858,350
linde plc	2,636,250
ishares msci canada etf	231,519
enbridge inc	216,869
humana inc.	208,136
corning inc.	205,075

New stocks bought by Lorne Steinberg Wealth Management Inc.

Additions

Ticker	% Inc.
mcdonalds corp	665
eli lilly & co	126
automatic data processing inc.	96.2
cdn natural resources ltd	26.4
cdn national railway	23.32
merck & company	15.25
open text corp	14.82
nutrien ltd	12.6

Additions to existing portfolio by Lorne Steinberg Wealth Management Inc.

Reductions

Ticker	% Reduced
ishares msci world etf	-43.82
oracle corp	-16.86
nvidia	-8.96
ishares iboxx $ high yield corporate bond etf	-7.49
alphabet inc. class c	-2.78
morgan stanley	-1.9
wal mart stores	-1.88
middleby corp	-1.58

Lorne Steinberg Wealth Management Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
telus corp.	-5,656,060
warner bros. discovery inc. class a	-2,548,670
magna international inc.	-3,249,720
cenovus energy inc.	-496,113
scotts miracle-gro co.	-2,250,220
wisdomtree japan smallcap dividend fund	-231,886

Lorne Steinberg Wealth Management Inc. got rid off the above stocks

Sector Distribution

Lorne Steinberg Wealth Management Inc. has about 44% of it's holdings in Others sector.

Sector	%
Others	44
Financial Services	15.5
Communication Services	10.6
Technology	9.6
Healthcare	6.6
Consumer Cyclical	6.4
Industrials	3.9
Basic Materials	2.4

Market Cap. Distribution

Lorne Steinberg Wealth Management Inc. has about 53.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	44
LARGE-CAP	31
MEGA-CAP	22.6
MID-CAP	2.5

Stocks belong to which Index?

About 51.5% of the stocks held by Lorne Steinberg Wealth Management Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	51.5
Others	48.5

Top 5 Winners (%)		%
GOOG	alphabet inc. class a	37.5 %
GOOG	alphabet inc. class c	37.3 %
ORCL	oracle corp	28.6 %
EA	electronic arts inc	26.0 %
OTEX	open text corp	23.4 %

Top 5 Winners ($)		$
GOOG	alphabet inc. class a	4.0 M
EA	electronic arts inc	2.1 M
OTEX	open text corp	1.4 M
JNJ	johnson & johnson	1.2 M
JPM	jpmorgan chase & co	1.0 M

Top 5 Losers (%)		%
CTVA	corteva inc.	-9.3 %
ADBE	adobe systems inc.	-8.5 %
MIDD	middleby corp	-7.7 %
DIS	walt disney co.	-7.7 %
SBUX	starbucks corp	-7.6 %

Top 5 Losers ($)		$
CTVA	corteva inc.	-0.8 M
DIS	walt disney co.	-0.7 M
CP	cdn pacific kc railway ltd	-0.5 M
SBUX	starbucks corp	-0.5 M
ADBE	adobe systems inc.	-0.5 M

Lorne Steinberg Wealth Management Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Lorne Steinberg Wealth Management Inc.

Lorne Steinberg Wealth Management Inc. has 70 stocks in it's portfolio. About 32.2% of the portfolio is in top 10 stocks. CTVA proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Lorne Steinberg Wealth Management Inc. last quarter.

Last Reported on: 31 Oct, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc.	1.02	16,557	4,215,910	added	3.64

AAXJ	ishares iboxx $ high yield corporate bond etf	0.51	25,940	2,106,070	reduced	-7.49

ACWV	ishares msci world etf	0.24	5,494	997,491	reduced	-43.82

ACWV	ishares msci canada etf	0.06	4,580	231,519	new

ADBE	adobe systems inc.	1.27	14,892	5,253,150	added	4.32

ADP	automatic data processing inc.	1.18	16,685	4,897,050	added	96.2

AGZD	wisdomtree japan smallcap dividend fund	0.00	0.00	0.00	sold off	-100

ALL	allstate corporation	2.64	51,006	10,948,400	reduced	-1.39

AMZN	amazon.com inc	2.40	45,428	9,974,630	added	1.54

AXP	american express co.	2.61	32,569	10,818,100	reduced	-0.82

BDX	becton dickinson & co	1.24	27,528	5,152,420	added	0.79

BIL	spdr bloomberg barclays high yield bond etf	0.30	12,510	1,225,860	unchanged	0.00

COST	costco wholesale corp	0.10	456	422,087	unchanged	0.00

CP	cdn pacific kc railway ltd	1.95	108,911	8,109,060	added	10.27

CSCO	cisco systems inc	1.84	111,793	7,648,880	reduced	-1.32

CTVA	corteva inc.	1.77	108,790	7,357,470	reduced	-1.43

CVS	cvs health corporation	1.98	108,844	8,205,750	reduced	-0.83

DEO	diageo plc adr	1.34	58,410	5,574,070	added	4.36

DIS	walt disney co.	1.97	71,345	8,169,000	reduced	-0.7

EA	electronic arts inc	2.39	49,260	9,935,740	added	0.9